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Sunday, November 21, 2021 4:22:08 AM
Has everyone noticed that we are at a very firm "support" area right now just above the 200 day moving average that sits at .02? Some have suggested that we are still going to test dropping below that level again. And maybe I could be wrong, but I honestly don't think that is going to happen. Notice the blue line of all the prior support at this level in the past. Yes it did breach that support back at the end of October but it was only for a very brief period of 4 days before it made a very strong rebound from the .016s on 11/2 where it more than doubled in price to the .035s through 11/8! So the month of November started off very strongly. And now yes we've had a pull back to the low .02s again... But I firmly believe the month of November is going to close out with a very strong finish in the final 6 trading days! I think $RGBP will close out back above the 50DMA which currently sits at .026! Best wishes everyone!
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